In This Article:
RealReal (NASDAQ:REAL) Third Quarter 2024 Results
Key Financial Results
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Revenue: US$147.8m (up 11% from 3Q 2023).
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Net loss: US$17.9m (loss narrowed by 22% from 3Q 2023).
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US$0.17 loss per share (improved from US$0.22 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
RealReal Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 22%.
Looking ahead, revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Specialty Retail industry in the US.
Performance of the American Specialty Retail industry.
The company's shares are up 20% from a week ago.
Risk Analysis
Before you take the next step you should know about the 5 warning signs for RealReal (1 is a bit concerning!) that we have uncovered.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.